Everbright Jiabao Completes Payment of Asset-Backed Securities Under Special Plan

MT Newswires Live10-04

Everbright Jiabao (SHA:600622) completed the disposal and payment of the priority asset-backed securities through an asset-backed special plan, according to a Sept. 28 disclosure on the Shanghai Stock Exchange.

The priority asset-backed securities of the special plan have been delisted after the payment.

The special plan aims to support the liquidity of the troubled real estate developer, the disclosure said.

Price (RMB): ¥2.67, Change: ¥+0.24, Percent Change: +9.88%

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